Yes, Tangerine is good for this.epiphano wrote: ↑The Big 5 also charge $5 on international withdrawals. For debit transactions, the exchange rate is determined by the ATM supplier, which is likely inflated, and the Big 5 tackle 2.5% on top of it.
That's why I opened a Tangerine account: $2 for international withdrawals and no exchange fee, for the time being at least...
I searched thoroughly and did not find any bank other than Tangerine that charges less than $5 for an international withdrawal.
However, Tangerine refuses to say how much they inflate the foreign exchange fee, and there are various other threads on here that suggest that it is the same 2.5% as other banks. My personal experience confirms that, although it is impossible to say exactly due to the fluctuations of exchange rates over time.
My general strategy for getting cash is to use Chase Amazon for amounts over $200 and Tangerine for amounts under $200. At the $200 mark, the Chase fee amounts to 2.5% ($5 on $200), while the Tangerine fee is presumably $7 (2.5% of $200 plus $2). All other banks would be $10 (2.5% of $200 plus $5). I generally try to get at least $500 at a time to get the Chase fee down to 1%.